- Nvidia CEO Jensen Huang told CNBC on Oct 22, 2026 that he does not expect a memory oversupply by 2029.
- Memory stocks sold off in the week before the interview after an Oct 15 South Korean newspaper column warned of a flood of new supply and a downturn by 2029.
- China's CXMT announced a new design architecture that added to investor concern it could take market share from SK Hynix, Samsung and Micron.
- Huang said U.S. chip export regulations accelerated China's semiconductor industry and that Nvidia is open to working with Chinese companies.
Quotes
“One of the things that's really great about memory is that you can always use more of it”
“We're going to continue to use abundant amounts”